Extractive Industries Transparency Initiative

E589762

The Extractive Industries Transparency Initiative is a global standard and multi-stakeholder organization that promotes open and accountable management of oil, gas, and mineral resources.

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Predicate Object
instanceOf global standard
international organization
multi-stakeholder initiative
transparency initiative
abbreviation EITI
aimsTo build trust among governments, companies and citizens
improve public understanding of natural resource management
support sustainable development in resource-rich countries
appliesTo gas sector
mineral resources
mining sector
oil sector
basedOn voluntary country participation
countryOfHeadquarters Norway
foundedBy Tony Blair
governedBy EITI Standard
hasMainGoal improve transparency in extractive industries
promote open and accountable management of natural resources
reduce corruption in the extractive sector
strengthen governance of oil, gas and mineral resources
hasMembership implementing countries
supporting civil society organizations
supporting companies
supporting countries
hasMethod disclosure of payments by companies to governments
disclosure of revenues received by governments from companies
independent reconciliation of company payments and government revenues
multi-stakeholder oversight through national EITI multi-stakeholder groups
publication of EITI reports
hasPart EITI Board
EITI International Secretariat
EITI multi-stakeholder groups
hasParticipant civil society organizations
extractive companies
governments
international organizations
investors
hasScope beneficial ownership transparency
commodity trading transparency
contract transparency
environmental and social aspects of extractive activities
revenue transparency
state-owned enterprises in extractive industries
subnational payments and transfers
headquartersLocation Norway
Oslo
inception 2003
monitors implementation of the EITI Standard in implementing countries
officialLanguage English
sector extractive industries
subjectOf EITI Standard 2016
EITI Standard 2019
usesProcess validation of implementing countries
website https://eiti.org

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Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Helen Clark chairpersonOf Extractive Industries Transparency Initiative
Extractive Industries Transparency Initiative abbreviation EITI
linked to: Extractive Industries Transparency Initiative
Extractive Industries Transparency Initiative governedBy EITI Standard
linked to: Extractive Industries Transparency Initiative
Extractive Industries Transparency Initiative hasPart EITI multi-stakeholder groups
linked to: Extractive Industries Transparency Initiative
Extractive Industries Transparency Initiative subjectOf EITI Standard 2019
linked to: Extractive Industries Transparency Initiative